Accounting – Property / Commercial Real Estate - Tower Capital, LLC

March 06, 2018

Tower Capital, LLC

Beverly Hills, California 90212

Company. Tower Capital, LLC is a privately held Real Estate Company in the United States with a diversified portfolio of office, retail and multi-family residential real estate assets nationwide.

Location. Beverly Hills, CA

Accounting – Property / Commercial Real Estate

Position . We are seeking an experienced Accountant for a designated portfolio of 15-20 properties. The Accountant would be responsible for the overall economic performance of the properties through diligent budgeting and ongoing oversight, including revenue growth, expense management and other financial goals. This is an opportunity to join a dynamic, expanding, fast paced and entrepreneurial team. Additional responsibilities will include:

  • Analyze monthly property financials and performance metrics in pursuit of improving cash flow and investment returns
  • Prepare and analyze the financial statements, general ledgers, subsidiary ledgers, budgets, cash flow projections and review of job cost reports for assigned assets.
  • Perform daily activities such as receive checks, post receipts and prepare deposits; review and post payable invoices; review and post tenant billing adjustments; review and post prepayment application to open charges, and; update gross sales reports.
  • Reconcile, verify and validate all entries and postings to balance sheet and income statement accounts.
  • Prepare timely and accurate monthly and annual financial statements for all entities
  • Compare and analyze annual budgets and cash flow forecasts with actual results
  • Develop performance measures that support the company’s strategic direction
  • Responsible for financial internal controls and coordination of all financial and tax audits.
  • Develop, monitor and maintain policies and procedures in accordance with general accepted accounting principles (GAAP) and corporate guidelines.
  • Accurate and timely processing, posting, collection, and payment of A/R and A/P
  • Other responsibilities and projects as assigned.

Accounting – Property / Commercial Real Estate

Qualifications . The ideal candidate will be a high-integrity, self-driven, resourceful individual with:

  • Required Minimum of 3 years experience in Real Estate accounting
  • Required Minimum of 5 years of professional experience in an accounting capacity
  • Familiarity with property accounting statements / concepts (IS, BS, CF, Accrual / Cash)
  • Strong quantitative and writing skills
  • Solid knowledge of GAAP
  • Detail oriented individual who will be responsible for the research and investigation of transactional level detail
  • Proficiency with Microsoft Office applications (Word, Excel, and Outlook)
  • Understand contracts, leases and leasing objectives
  • Bachelor’s degree with a competitive GPA
  • Team orientation, flexibility, and the ability to work well under pressure
  • Strong abilities with Yardi / MRI required

Accounting – Property / Commercial Real Estate

Salary / Benefits .

  • Salary commensurate with experience
  • Competitive benefits including – Health, Vision, and Dental Insurance